Which one is better to learn from so many foreign exchange techniques? This article tells you!

1 Not learning complex techniques

Before discussing which technologies to learn, it is more important to know"Which technologies should not be touched"Firstly, it is important to remember not to learn overly complex techniques. The more complex the technique, the more effective it is. Some traders believe that loading more technical indicators can increase their trading success rate, but this is a misconception. More technical indicators will only make us dizzy and unsure which indicator to refer to, which will not provide much substantial help for trading. Therefore, when choosing techniques to learn, we must remember not to choose overly complex techniques to avoid becoming more chaotic.

2 Not learning difficult techniques

foreign exchangeThe various techniques of trading are not as difficult as imagined, and many techniques can be understood with a little learning to understand the logic behind them. When you encounter technical advice that is too difficult and difficult to understand, you can eliminate it immediately. The accuracy of trading techniques is not absolutely related to the depth of difficulty. Difficult techniques will only make us unsure where to start. So how do we determine if the technology is too difficult? It's simple, as long as you can't understand the core meaning of this technology in ten minutes, then it's too difficult!

3 Not learning the latest technology

Another thing that needs special precautions is the latest technology in the market. We subconsciously think that new technology looks very good and should have the highest accuracy, but it is often not the case in trading. The latest developed technologies often have not been validated for a long time, and there are many uncertain risks. Perhaps using these so-called "latest" technologies in a short period of time can make you a lot of money, but after a period of time, you will find that fewer and fewer people are using this technology, and even the developers themselves are researching the next "latest" technology.

4 The simpler, the better

What skills should beginners learn? In fact, the more basic and simple the technology is, the more effective it is. Simple technology does not use various complex judgment methods, nor does it go around and make you dizzy. Instead, it directly relies on the current situationKLine analysis is the most direct reflection of the current market trend. In addition to being easy to learn, the accuracy of these techniques is no less than the various complex and difficult theories you can see. Instead of constantly thinking about how to understand those seemingly mysterious techniques, it is better to learn the most basic and simplest techniques well, and then learn other forex knowledge well.

5 The more common, the better

The more common and mediocre technology is actually what we need to learn well the most. The reason is simple. These technologies have usually been proven through countless times and markets, which is why they are so common and popular. Common technologies also have another absolute advantage, because there are many traders using them. We can easily search for the drawbacks and risks of these technologies online, which can help us save a lot of tuition fees. On the contrary, it is those seemingly obscure technologies that are difficult to find relevant learning materials, and even developers cannot accurately describe the technology itself. They can only slowly explore the market and pay tuition fees to learn, and in the end, they may end up with nothing.